Monday, July 9, 2012

MMT basics

Warren Mosler has a recent post listing some basic principles of MMT.  Most un-wonkishly.  Not your father's economics.

http://moslereconomics.com/2012/07/08/the-certainty-of-debt-and-taxes-comments-on-the-fiscal-cliff/

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2 comments:

  1. UnknownJuly 29, 2012 at 4:27 PM

    Mosler makes no sense to me. Seems like he's trying to justify a pre-determined point of view.

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  2. JohnJuly 30, 2012 at 5:45 AM

    Explain, not justify. And aren't all points of view "pre-determined"? Read his 7 Deadly Innocent Frauds book, there's much more detail there.

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